03:27 PM EDT, 05/14/2025 (MT Newswires) -- Fiera Capital ( FRRPF ) entered Wednesday into a revised agreement to increase the size of its previously announced bought deal offering of senior subordinated unsecured debentures due June 30, 2030 at a price of $1,000 per debenture to $70 million.

Fiera Capital ( FRRPF ) has also granted the underwriters an option to purchase up to an additional $10.5 million aggregate principal amount of debentures, on the same terms and conditions, exercisable in whole or in part, for a period of 30 days following closing of the offering. The offering is expected to close on or about June 3, 2025.

The debentures will bear interest at a rate of 7.75% per annum, payable semi-annually in arrears on June 30 and December 31 of each year, with the first interest payment on Dec. 31, 2025.

Earlier today the company said it had agreed to purchase $60 million aggregate principal amount of senior subordinated unsecured debentures due June 30, 2030 at a price of $1,000 per Debenture. Fiera Capital ( FRRPF ) had also granted the underwriters an option to purchase up to an additional $9 million aggregate principal amount of debentures.

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